
USDA's FMMO announcement on Dec. 31 showed the December 2025 Class I base price rebounded to $18.21/cwt, up $1.46 from November but $3.22 below December 2024.
Class II ($14.41), III ($15.86) and IV ($13.64) prices all declined from November.
Lower class prices across most uses point to smaller milk checks for producers and softer demand for dairy feed inputs, while the wide Class III-IV gap encourages depooling of higher-priced milk.
Tras 273 eventos bajista de informe pasados, Leche (Clase III) se movió una mediana de -0,2 % en 5 sesiones (39% al alza; mitad central entre -1,3 % y +0,4 %), y -1,4 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
The USDA December 2025 FMMO announcement on Dec. 31 showed the Class III price falling to $15.86 from November, confirming weak cheese-driven pricing and adding to selling pressure on Class III futures on the day.